XEI Coin

The native asset ($XEI coin) serves several key purposes in driving the growth of the network:

1. Incentivizing GPU Providers and AI Engineers: $XEI tokens are used to distribute rewards to GPU providers based on their availability and performance. They also reward AI Engineers with token-denominated loyalty points for their consistent usage of the network.

2. Decentralized Pricing: The token establishes transparent pricing for the device, treating it as a commodity tied to the compute units utilized, using a decentralized oracle.

3. Governance: $XEI tokens serve as governance tokens, allowing stakers to influence network decisions such as fee structures and the introduction of new features, ensuring democratic governance.

4. Steady Emissions Schedule: A consistent emission schedule ensures sustained growth of the network.

5. Staking dApp: An innovative staking digital application that empowers its users with the opportunity to earn passive rewards on their investments.

6. Bittensor Integration & Subnet & Supercomodites

Additional Mechanisms: Potential mechanisms under consideration include allowing GPU providers to increase their chances of selection by staking $XEI tokens and providing priority access to high-demand GPUs for AI Engineers who stake tokens.

These utilities contribute to the value proposition of $XEI tokens, driving demand and consequently helping to increase the token price over time as the network expands and evolves.

Tokenomics

In this section, we'll explore the distribution of the token supply, the allocation of funds, and the transaction taxes associated with buying and selling $XEI tokens. $XEI Coin Launch ETA: August

Token Supply and Allocation:

• Total Supply: 1,000,000 $XEI tokens

• DEX Liquidity Reserve: 580,000 $XEI tokens

• Presale round: 210,000 $XEI tokens

• Partnerships & KOLs: 140,000 $XEI tokens

• Staking Contract: 50,000 $XEI tokens (0x8bEE74543A52b0b50482F2b967f2c2E302Fe6580)

• OTC Treasury: 10,000 $XEI tokens (0xA994936DF63D868BD945E78e7b4B15077F37fcAD)

• Team tokens: 10,000 $XEI tokens (0xeE53D6B5C276018da3938a094Acd16724e91fA96)

Detailed Token Allocation:

1. Staking Rewards: 5% of the tokens are reserved for staking rewards, locked for 2 months. This allocation is designed to encourage participation in the ecosystem's staking programs, rewarding users for their commitment and contributing to the token's liquidity and stability.

2. Team Tokens: 1% of the tokens are allocated to the team. This ensures that the team is incentivized to contribute to the ecosystem's success while aligning their interests with the long-term vision of the project.

3. KOLs & Partnerships: 11% of the total supply is allocated to partners.

4. OTC Treasury: 1% of the total supply is allocated to OTC treasury, locked for 6 months. This fund treasury is crucial for the ecosystem's early-stage development and growth, with the lock-in period underscoring their long-term commitment to the project.

Allocation Breakdown

Liquidity Reserve: The majority of the token supply, comprising 600,000 $XEI tokens, is allocated to the liquidity reserve. These tokens are dedicated to providing liquidity for trading on supported exchanges, ensuring ample liquidity and price stability for $XEI token holders. Locked in Linear Vesting Schedule: The remaining 40% of the tokens are locked in a linear vesting schedule, ensuring a controlled release of tokens. This approach prevents market dilution and supports the token's price stability over time.

$XEI Token Details:

Name: XEI

Ticker: $XEI

Decimal: 18

Chain: Ethereum

Total Supply: 1,000,000 $XEI

Initial Liquidity Pool: TBA Ethereum Contract:

Ethereum Staking Contract:

Token Tax:

• Buy Tax: 5% (1% $XEI marketing, 2% Ecosystem Expansion, 2% CAIaaS& Operational Costs)

• Sell Tax: 5%